Small-Cap US Stocks in the News on July 28, 2023
A number of small-cap US stocks were in the news on July 28, 2023, with some receiving positive sentiment and others negative.
Positive Sentiment
- Anaplan (PLAN): Anaplan reported strong Q2 earnings, with revenue and EPS both beating analyst expectations. The news sent the stock up 10% on the day.
- Arlo Technologies (ARLO): Arlo Technologies announced a partnership with Google to bring its security cameras to Google Nest Hub devices. The news sent the stock up 5% on the day.
- Paycom Software (PAYC): Paycom Software announced a new partnership with Goldman Sachs to offer its payroll services to Goldman Sachs clients. The news sent the stock up 4% on the day.
Negative Sentiment
- Workday (WDAY): Workday’s CEO, Arvind Krishna, said that the company is seeing some signs of weakness in the economy. The news sent the stock down 2% on the day.
- Cloudflare (NET): Cloudflare’s stock was downgraded by analysts at Morgan Stanley, who cited concerns about the company’s growth prospects. The news sent the stock down 3% on the day.
- Roblox (RBLX): Roblox’s stock was downgraded by analysts at Goldman Sachs, who cited concerns about the company’s valuation. The news sent the stock down 4% on the day.
It is important to note that these are just a few of the many small-cap US stocks that were in the news on July 28, 2023. The sentiment of the news articles may change over time, and the actual impact on stock prices may vary.
Title: Small-Cap US Stocks in the News on July 28, 2023: Positive and Negative Sentiment
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